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BUZZ-Coherent appoints new CFO, shares rise

Reuters·10/11/2024 13:13:37
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BUZZ-Coherent appoints new CFO, shares rise

** Shares of laser and optical devices maker Coherent COHR.N up 2.48% at $101.49 in premarket trading

** Company appoints Sherri Luther as new chief financial officer, effective immediately

** Luther, who will take over the role from interim finance chief Richard Martucci, joins Coherent from Lattice Semiconductor LSCC.O, where she was CFO since 2019

** As of last close, Coherent shares have more than doubled YTD


(Reporting by Khusbu Jena in Bengaluru)

((Khusbu.Jena@thomsonreuters.com;))